War affects the Entire Cryptocurrency?

[AbuBhakar]

True, this could be due to the influence of the Middle East war with the US so many are polemic about the price of bitcoin, I got some news in the article and I see that the price of bitcoin in Iran has reached $ 24,000, is that true? I am still confused why the price is not so the same as the global market.
Maybe it's just that difference so that many investors think global bitcoin prices will reach that much, so that many requests go up so that bitcoin is pumped.

I don't believe the $24k issue, I don't think there is a way that they will in that expensive amount in any exchanges. Though we can really notice the impact of the said war in the market as we see the price increase in the past few days especially in bitcoin.

[malekbaba]

There will be many ifs...
1. If war progress, people of Iran may buy btc to save their savings as btc can be withdraw anytime from anyplace if they grab the keys.
2. In critical situation people may sale btc
3. What if Russia and China comes into action and war spread globally? If mining operation become interrupted, then?
4. What if numerous btc whales die in the war? Or some whales lost their priv keys or hardware wallet....

There are many if, there will be many more possibilities if war progress. But wr dont wabt war. We love peace.

[deathcode]

True, this could be due to the influence of the Middle East war with the US so many are polemic about the price of bitcoin, I got some news in the article and I see that the price of bitcoin in Iran has reached $ 24,000, is that true? I am still confused why the price is not so the same as the global market.
Maybe it's just that difference so that many investors think global bitcoin prices will reach that much, so that many requests go up so that bitcoin is pumped.

I don't believe the $24k issue, I don't think there is a way that they will in that expensive amount in any exchanges. Though we can really notice the impact of the said war in the market as we see the price increase in the past few days especially in bitcoin.

but you can see that the increase is not just bitcoin. this time the market looks good when altcoin and overall the market follows what bitcoin is doing. it's not like growth is dominated by bitcoin now altcoin is starting to follow suit and hopefully, this will continue gradually.

[Xcode7]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

I can be sure that this is between them, which can affect market prices and also not, because the US has the power which we know cryptocurrency refers to the USD, and this makes some investors who expect a lot, experience excessive tension. But I do not feel war affects market prices, I think that's how our views remain calm in facing this kind of crisis situation, of course our best hope is that this does not affect cryptocurrency.

[nxnqauff]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

This is exactly what I mentioned in the other thread just now. War will not happen for sure. But rumours about war will get crypto markets high and conventional markets down. Balanced play is good in these circumstances.

[desticy]

War can affect the price of bitcoin in different ways.
On the one hand, the price of bitcoin can rise due to the fact that one of the warring countries is able to block the financial flows of another country,
which will lead to the search for alternative financial gateways that are not controlled by the global monetary system. In this case, bitcoin may well become a saving zone for this kind of transaction.

[nicster551]

Yes I must say that war have help the industry a little bit in terms or marketcap as people think that bitcoin is much safe than their stocks or fiat money. But we dont need war just for the market to recover. Massive adoption is coming as the time goes by, we just need to wait a little bit.

[iamsange]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

If people change their assets into cryptocurrency, so it an bring positive things for the crypto. Because in market, more demands will create high value of cryptocurrency and if there are no problem because of war that can affect other countries, i think they will get advantage from it.

[onyek16M]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

of course war issue help investor so much, in few days all cryptocurrency include bitcoin increase high price. not only cryptocurrency but in real life such gold also increase price, i am sorry to said about i am happy with war affect today. i hope it only war issue not really world war 3. although the affect is good all cryptocurrency increase price but war is not good to do

[GGmith]

not profitable, actually this can worsen the situation of the cryptoqurrency market especially at the price of bitcoin. but it's a different story if the Iranian / American countries don't have bitcoin investments / only have their own cryptoqurrency, it only impacts their own coins.

[acdc]

It's clear that tensions in the Middle East have caused the price of cryptocurrencies to soar in recent days. War often leads people to lose faith in fiat money and find a safe investment channel. Previously gold, oil, dollars were such channels of investment, but since bitcoin was born it clearly has advantages over old investment channels. With cryptocurrencies you can bring assets away from the fight quickly, gold and dollars can hardly do that.

[Script3d]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

of course war issue help investor so much, in few days all cryptocurrency include bitcoin increase high price. not only cryptocurrency but in real life such gold also increase price, i am sorry to said about i am happy with war affect today. i hope it only war issue not really world war 3. although the affect is good all cryptocurrency increase price but war is not good to do

i dont think war helps the grow of cryptocurrency at all, i think it hurdles the growth, not only that it also affects stock market and other economic things, having a war happening will never gonna turn into positive thing, but bitcoin is very young i don't think the war could affect the price of cryptocurrency, selling your belongings for crypto is not a good idea at all, especially when there's a tension happening between countries.

[Divinespark]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

I think they sold stocks and bought gold because gold was a safe haven and wasn't too much affected by the war. There is no reason why they would buy bitcoins because the price of bitcoin is being manipulated and it could collapse anytime, it's too dangerous to buy and take refuge. The reason bitcoin went up is probably due to the influence of gold, the price of gold has risen rapidly and broke the ATH so it has helped the cryptocurrency market increase a bit.

[key4co.in]

When many people started saying the uptrend in BTC price was as a result of the war threats, insinuating that people in the regions concerned are buying Bitcoin, I didn't really like that notion because the uptrend was supposed to be stirred by halving instead. However, the price decline after Trump's peaceful statement prove that there is some sense in that argument. This shows how BTC price can be affected by unforseen contingencies.

[StephenieDuong]

I think war do have lots of effect to crypto, especially bitcoin. In 2017, North Korea also have many actions may lead to war and this time bitcoin grow up much. For now, i dont think there will much difference because bitcoin is good and safety asset to be hold and carry.

[dark08]

I think war do have lots of effect to crypto, especially bitcoin. In 2017, North Korea also have many actions may lead to war and this time bitcoin grow up much. For now, i dont think there will much difference because bitcoin is good and safety asset to be hold and carry.

The war between America and.Iran gives bitcoin an opportunity to pump up so hard maybe because Iran buy bitcoin to make buy a weapon that trigger to the people also to make action and buy bitcoin and now the war was end.

[ChronoLite]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

actually almost all of the cryptocurrencies are going up especially on this kind of situation, where world war 3 that hopefully it won't happen and this trend makes the price like oils, stakes and cryptocurrency are going up. just look at bitcoin it's up by 10% which is really crazy in my opinion.

[Pinkris128]

As I saw last days bitcoin pumps after Iran declared the war against the United States, On my observation its because some people on the middle east sold they commodities, some stocks and bought cryptocurrency to keep carefully their assets. Do you think guys war was favor on the entire crypto investors? You can share your thought now.

actually almost all of the cryptocurrencies are going up especially on this kind of situation, where world war 3 that hopefully it won't happen and this trend makes the price like oils, stakes and cryptocurrency are going up. just look at bitcoin it's up by 10% which is really crazy in my opinion.

Indeed. Gold and oil recently move up last week, so if the war between Iran and US will officially happen there is a chance that cryptocurrency will increase it's value, especially bitcoin because a lot of people will used bitcoin to keep their assets secured or safe. But i hope the war will not happen even it will help bitcoin to move up it's price because it can be the cause of human extinction.

[abeecrypto]

Now, this is the point normal people both like and hate what is happening. Yes, some like that the whole war situation is booming the crypto market. But, no, many do not like the whole war situation.
I go with ‘no war’. The crypto market will still boom in the future, anyways. I pray the disagreement dies down, and there to be peace. 

[vintages]

Still don't understand why people are linking the whole thing together, I personally feel they don't correlate. Bitcoin sudden rise may not be linked to the war threat between USA and Iran. Though, there might be an increase in the price of Bitcoin if there is war because of inflation but we can't be sure this present rise is because of it. Anything might have triggered it. People might be be buying to invest for the year, we never can tell.